Reason & Realty

The United States is now burdened by the most debt of any nation in the history of human civilization. USA total debt, including, personal indebtedness, real estate debt, consumer debt, credit card debt and government obligations amount to a mind numbing 47.9 Trillion Dollars. A collective debt that continues to raise by billions every day.

In short America is in deep financial trouble. Why? For the same reason so many of our citizens, young and old, find themselves on the financial edge ... failure to live not just within our means, but prudently beneath our means. Failure to do so, be it as a nation or household, has enormous downside consequences.

                                                                                           Roger L. Caron